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BlackRock is Suing UnitedHealth for Giving “Too Much Care” to Patients After the CEO was Murdered (medium.com)

submitted 4 days ago by theHRguy@lemmy.world to c/progressivepolitics@lemmy.world

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[–] Maeve@kbin.earth 55 points 4 days ago

The System Working Exactly as Designed This isn’t a bug in American healthcare — it’s a feature. BlackRock’s massive influence helped shape UnitedHealth into the claim-denial machine it became. They voted on executive compensation packages that rewarded denying care. They approved strategies that prioritized shareholder returns over patient outcomes. But when public outrage threatens that business model, they don’t pivot to supporting better healthcare. They sue to protect their right to profit from human suffering. The Punchline That Isn’t Funny BlackRock will probably win this lawsuit. Or settle for millions. Either way, they’ll extract value from a system designed to extract life from patients. They’re not just suing UnitedHealth — they’re suing the very idea that health insurance should provide health insurance. They’re fighting for their constitutional right to profit when people die and lose money when people live. Welcome to American healthcare, where caring too much is a lawsuit waiting to happen.